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Presume you can hire 10 workers for $12 each, but to hire the 11th worker you will have to pay all your workers $15 each. What is the marginal cost of hiring the 11th worker? Show your work.
for the firm the major goal of profit sharing plans is to ltbrgtfor the firm the major goal of profit sharing plans is
The consumption of alcohol is often cited as an example of a negative externality. Explain a situation in which alcohol would be considered a negative externality. 3. Describe the purpose of antitrust laws. What do they accomplish.
describe why marginal analysis must be used in decision making with examples. Also, give examples of poor decision-making when sunk costs were used to justify choices, and discuss how legal and ethical issues may play a role in making decisions.
in 1982 nominal gdp decreased by 2 while real gdp increased 4. what explains the difference between nominal gdp and
a domestic shoe company distributes running shoes and tennis shoes for 95 per pair. the marginal cost of producing a
If the Online Tutoring decides to sell its tutoring services individually, what should it charge for math tutoring? What should it charge for science tutoring?
1. a friend of yours inherits her grandparents printing company. the capital stock of the company consists of
if current output is such that marginal cost exceeds marginal benefit should more or less resources be allocated to
a vendor is interested in the best price to charge at his various dispensers located in a given area. over a period of
Economists often study and evaluate economic policies by country or region. As an economist, evaluate different regional trading arrangements. Select one regional trading arrangement and describe three economic effects of the arrangement. Plea..
What recommendation would you have for each state to maximize revenue?
task 1ozark bottled water products inc. hired a marketing consulting firm to perform a test marketing of its new brand
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